Looking for a personal loan? Download the loan app now

Conventionally, to get a personal loan, one would put on their best clothes and head down to their local bank in order to apply for the loan. Fortunately, now a customer does not have to, as he can do the same at home as long as he has a working internet connection.

In fact, the entire process of taking personal loans has become much easier than before, thanks to the development of the mobile loan app. Once you download the app on your smartphone, you can get a personal loan without anybody finding out.

How the loan app can help you get a personal loan?
Say one wants an HDFC personal loan. Now instead of going to their nearest bank branch, they can simply download the loan app and get their loan from the comfort of their home. Here’s how this app helps customers-

1. Allows customers to browse through different plans
Before you plan to take a personal loan, it is best to browse through the different plans offered by the bank so you can figure out the personal interest loan rates that work best for you. With the help of the app, you can make an instant comparison and choose the perfect plan.

2. Helps customers calculate the EMI
Most loan apps come with a personal loan EMI calculator so you can calculate your monthly EMI amount, which can consequently help you manage your finances in a better manner. Once you know exactly how much you have to pay each month, you will be able to plan expenses much more efficiently.

3. Offer instant loans in emergencies
One of the biggest benefits one can get when they apply for personal loan via the app is that they can get a loan instantly. This makes it the perfect option in case of emergencies as one does not have to go through the lengthy process of loan application in a bank and waste their precious time. With the app, one can get their loan amount in as less as an hour since the time of application.

4. Low interest rates
Not only are the personal loan eligibility rules slightly more relaxed on the app but even the interest rates are comparatively lower than offline loans. The app will specify the exact and fixed interest rate which you have to pay so you know from beforehand what you’re getting into.

A customer also enjoys round the clock support when he applies for a loan via the app. It is quite time-saving, hassle-free and convenient as well; so one should consider it as a viable option.

Calculate your loan eligibility through your smartphone!

Technology and the internet has made life much more convenient and easy. These days, work schedules have become quite hectic and managing work as well as personal life has become a challenging task. On top of that it is essential that one also maintains their finances, handling bank accounts and loans effectively.

Maintaining one’s finances has become extremely easy with the introduction of smartphones apps. Banks in an effort to make banking easy and more convenient for customers have designed their own smartphone bank apps, which offer assistance when it comes to opening accounts, applying for various loans, calculating the EMI as well as repaying the loan. Any type of information related to banking and loans is available on bank apps that one can download on their phone.

In fact, a customer seeking a particular loan can also calculate his loan eligibility through the bank loan app. Different banks have different criteria for loan eligibility, for instance the HDFC loan eligibility criteria will be slightly different than the State Bank of India loan eligibility criteria. Thus, a customer who wants to get approval for a loan should find out all the relevant information about loan eligibility, before sending in his application for the loan.

How can a customer check if he is eligible for a loan?

A customer can check loan eligibility online, or just download the particular bank application from the app store. One can get all essential information about loan eligibility on their smartphone at any given time during the day! Juts sign in the app and search for the loan eligibility requirements.

Such apps also feature the loan eligibility calculator, which allows the customer to calculate whether he is eligible for a particular type of loan or not. The customer just has to feed in the required data into the loan eligibility calculator and it will make the necessary calculations.

The loan eligibility calculator makes complicated calculations much easier and faster.

The bank loan app will definitely help one calculate his loan eligibility accurately. On the basis of the results one can either instantly apply for the loan they are looking for, or work upon their credit score and history to improve their loan eligibility.

Checking one’s loan eligibility before applying for a loan, is the sensible option because its saves a potential borrower from loan rejection. Once a loan application gets rejected, it gets recorded in the credit history which may make it even more difficult to get approval for any future loans.

Do not hesitate to check loan eligibility before applying for a loan!

Your smartphone is the key to your convenient EMI repayment

Life today has become extremely fast paced and hectic, which is why people always look out for convenient ways to get things done. The same applies to getting hold of loans and repaying them thereafter.

Although banks these days are offering a number of different types of loans like auto loans, home loans, mortgage loans, property loans etc. customers want easy access to such loans. Thus, banks are now adopting digital ways to make loan application, processing and loan EMI repayment easier for customers.

With the introduction of bank loan applications that one can download on their smartphones, handling one’s finances has become much more convenient. From loan application to processing and even planning the loan budget is now possible with the help of a loan app.

Loan apps generally feature a loan EMI calculator, which allows customers to effectively calculate the loan EMI that they will have to pay in the future. One generally has to fill in the necessary information that a loan EMI calculator asks for in order to calculate the EMI.

Customers also use an EMI loan calculator to make a comparison of the different rate of interests that different banks are offering. An EMI loan calculator allows customers to calculate the overall cost of the loan and the ideal EMI and loan tenure that they should opt for.

With access to a loan app, budgeting as well as repaying the loan EMI is very convenient. One can effectively manage their existing dues as well as conveniently make loan repayments every month to the bank through the app. This saves time as well as energy.

In fact, the app allows a customer to set up a process by which the EMI gets deducted from their savings account in the bank every month. Thus, even if the customer forgets to make the EMI repayment he will not default. Even if a customers does forget to pay his loan EMI, the loan app allows him to repay the amount to the bank in no time.

Apart from loan EMI repayment and access to the EMI calculator, one can also look up all the information that they require for different loans on the app. Moreover, the loan app also features a number of various podcasts that one can listen to. These podcasts offer current information on various loans, news about the financial market, investment tips as well as some tips on travel and lifestyle.

One can opt for easy loan EMI repayment, by downloading a loan app on their smartphones today!

Online loan application: Enjoy a stress free loan application through your smartphone

Managing one’s finances has now become extremely simple due to internet access and availability of smartphones, laptops, tablets and computers. One can easily track their cash, set-up accounts with banks and even opt for loans from the comfort of their own office or home.

With the advent of smartphones, the app world has come into being. Banks have taken full advantage of the new digital world and have come up with self-help applications that effectively allow customers to manage their bank accounts, investment and loans online.

Through mobile banking apps one can check their loan balance, the funds that have been transferred through their account, credit or debit card usage etc. One can also choose to apply for easy loans or quick loans.

Why opt for online loan application?
 Here are a few reasons why one should choose to apply for loans online-

• Take advantage of the digital world
Technology and the internet has been developed to make everyday things easier for us! Which is why, as banks adopt digitalization and set up special apps, customers should take advantage of the facility.

• Easier and faster
Applying for loans online through your smartphone app is easy and hassle free. One does not need to pay a visit to their bank to avail an application form and various details about the loans. All that you need to do is access the app and check for information about the loan and its application from.

• Access to quick loans
A number of bank apps, allows customers the access to quick or instant loans. Many a times a financial emergency may crop up that one is not ready to deal with. In this case, one can avail an instant loan by sending in a loan application through their mobile apps. The process of filling the form and sending in the application is simple and does not take much time.

• Access to information
An individual looking for a certain type of loan can get all the information he wants about eligibility, application and sanction on the loan app. Information on any kind of loan, be it a car loan, two wheeler loan, mortgage loan or plot loan etc. is available to the borrower.
Moreover, one can also plan the budget of their loan though a loan app. These apps have an EMI calculator, which make complicated calculations much easier for customers.

In order to avail the option of applying for quick loans, one should download a loan application on their smartphone and sign in to use the app.

Now easily track your loan application status through your smartphone

Technology has taken a giant leap in today’s generation. It has improved communication, lifestyle, convenience and creativity. Technology is used in everyday life to fulfill various tasks and interests. For example, previously the main function of a mobile phone was to call and text. But the phone today has evolved into a smartphone. Thus, besides making calls and messaging, a smart phone can perform functions like internet browsing, video calling, online banking etc.

Every business depends on banking services. They include accepting deposits, transfer of funds and providing loans. The traditional method of banking consumes a lot of time, hence technology has given way to e-banking.

Every bank offers loans for its customers. It may be a housing loan, business related loan or even a personal loan. In order to acquire these loans there are many formalities that have to be completed. An online loan app makes it easier to apply for the loan. After downloading the online loan app there are various steps that must be followed-

Step1- log-in with your bank ID or loan account number
Step2- Select the type of loan required
Step3- Check whether you are eligible
Step4- Submit the documents required.

After applying for a loan, one can track their loan application status through a loan tracker app. The process of checking your loan application includes:

• Visit the online loan app and go to the “loan tracker section”
• Type the applicant’s name or the applicant’s id
• Select the birthday, month and year from the calendar
• Provide phone number
• After providing the necessary details click on “submit”
• After submitting the details a page displaying your current loan status will appear

Applying for a loan is not as complicated as most people think. The only thing that one must keep in mind is to give genuine documents. A CIBIL check is done to count one’s credit card score. After submitting the legal proof and other required documents it is the bank’s job to look into the documents properly and sanction the loan.

The online loan app is also useful for tracking expenses. There are various interactive tools to plan your goal. Tracking your application has also become easier through the loan tracker app as it gives you the current status of the loan application. If the applicant has a good credit score, the loan is easily approved.

The internet has simplified the process of loan application. Applying for a loan online is much more convenient. One can also enjoy lower rates of interest and calculate their EMI easily. Relevant information on loans is also easily available on the loan app.

Did you know that your smartphone is the best way to apply for a loan?

In this time and date science and technology have reached new heights! With the introduction of the internet and recently smart phones, communication has become simple and less complicated.

In fact, a smartphone basically constitutes your world in a tiny handset. With a smartphone you can make calls, play games, read books, listen to music, pay bills, shop online and now even apply for loan through various bank apps. Thus, even banking has been revolutionized with the introduction of the smartphone.

Banks today are coming up with personalized apps, in an effort to make banking easier and hassle free for customers. So much so that you can now look up information of different loans and avail a loan application form online too. All one needs to do is fill in the relevant personal information that the loan application demands and submit it. A bank official will soon contact you to further discuss the loan that you want to apply for.

One can easily apply for any loan through such loan assist apps. Just download the app from the play store on your smartphone and sign in. Once this is done, you can search for information and a loan application form for any type of loans including education loans, personal loans, home loans, mortgage loans, property loans, auto loans etc.

Thus today, one can apply loan online from anywhere, through a loan assist app downloaded on their smartphone! You just require a smartphone and an internet connection to send in your loan application.

Here are some advantages of loan assist apps offered by banks that customers should be aware of-

• User-friendly- These apps have been designed to cater to the needs of customers. Thus they are simple to handle and to the point. Moreover, clear instructions are offered on how to use these apps.

• Informational- Loan assist apps are quite informational. They provide facts about all types of loans and information on how to apply for loan as well. A number of podcasts are also available on the apps offering news about recent financial developments and investment options.

• Easy to access- All one needs to do is search for a loan assist app on their play store, check rating and authenticity and download the app. Most of these apps are free, so one does not have to spend money purchasing any.

Banking and sending in loan application has now become convenient and hassle free. One definitely does not need to pay a visit to the bank when they can avail relevant information on loans through their smartphone!

How can your loan application process be made easy?

Gone are those days when one had to make multiple visits to the bank to open an account or apply for a particular loan. With the introduction of smart phones, online banking has been completely revolutionized! Banks have now come up with self-assist apps which allow customers to open accounts, make transactions, pay bills and also apply for bank loans.

Taking a loan from bank is a grueling process which involves quite a bit of documentation and paperwork. But, with the introduction of various loan apps, applying for and processing a bank loan has become much easier.

Here are some features of loan apps that make availing bank loans hassle free and time saving-

• Avail any loan with just a tap-

Once the app is downloaded and you are registered, you can search for any fresh loans offered by the bank, be it a car loan, home loan, personal loan, two wheeler loan, availability of credit cards, business loan, loan for gold etc.
A customer can avail all the relevant details of any kind of loan on the app, without personally paying a visit to the bank. Thus, one knows all the information required to send in a loan application to the bank.

• Plan a budget using the EMI calculator available on the app-

Bank loans need to be planned. A borrower should calculate the overall price of the loan and make a comparison of the different rate of interests offered by various banks and financial institutions.
In order to make such calculations, one can take the help of the EMI calculator available on loan apps. The calculator is highly accurate and makes budgeting simple and easy.

• Apply for the loan through the app-

The app features the bank loan application form for each and every loan that is offered. A customer looking for a particular type of loan just needs to fill in the required details and press ‘submit’. A bank official will get in touch soon to discuss further details of the loan and its terms and agreements.

• Listen to podcasts about loans-
In order to get the latest information about new loans and investments, a customer can listen to various podcasts on the app. These podcasts are highly informational and provide knowledge about the current market interest rates and deals.

In this time and date a number of loan options are available, and getting a loan from bank is easy.
While, the processing and paperwork is a bit time consuming, banks are making a great effort in simplifying this step as well. They are designing and introducing helpful loan assist apps that are both informational and user friendly.